Policy and Evidence
Published By: Reserve Bank of India, RBI on eSS | Published Date: July, 26 , 2016There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete with careful, well identified tests. Confronted with the evidence, the
advocates of misguided policies will simply bow to the superiority of the other side’s arguments and withdraw gracefully. But this is not the real world situation. [10th Statistics Day Conference 2016, Reserve Bank of India, Mumbai]
Author(s): Raghuram G. Rajan | Posted on: Aug 03, 2016 | Views() | Download (581)